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Samvardhana Motherson shares soar over 5% after Q3. Here’s what Nomura, Citi, Motilal saidSamvardhana Motherson International's stock climbed 5% following a strong third quarter profit rise. Analysts from Motilal Oswal and Nomura...
SAMIL in talks to acquire Nexans Autoelectric wiring harness biz at 207 mn euros enterprise valueAuto components giant SAMIL is set to expand its global reach in wiring harness solutions. The company is in exclusive talks to acquire the...
Buy, Sell or Hold: Emkay Global upgrades SAIL to buy; YES Securities sees 13% upside in VA Tech WabagBrokerages are optimistic about Samvardhana Motherson International, SAIL, and VA Tech Wabag, citing strong growth prospects and favorable ...
Buy Samvardhana Motherson International, target price Rs 185: ICICI SecuritiesICICI Securities recommends buying shares of Samvardhana Motherson International. They set a target price of Rs 185. The company's revenue ...
Samvardhana Motherson shares surge over 4% after Q1 PAT jumps 65% YoY. Should you buy, sell or hold?Samvardhana Motherson International's stock saw a 4.5% rise to Rs 188.75 after the company reported a significant 65% YoY increase in net p...
Samvardhana’s Japanese buy opens up new businessSamvardhana Motherson, a demerged subsidiary of Motherson Sumi, has acquired 81% stake in the four-wheeler business of Honda Motor's subsid...
Samvardhana Motherson shares jump over 8%, hit 52-week high on acquisition of stake in Honda Motor arm YachiyoSamvardhana Motherson has entered into a partnership with Honda Motor under which it will form an 81:19 strategic partnership with the latt...
Sumitomo Wiring Systems sells 3.4 pc stake in Samvardhana Motherson International"Today, SWS has sold a 3.4 per cent shares held in SAMIL through bulk deal at stock exchange in India as part of global deleveraging strate...
Samvardhana Motherson's acquisition of SAS neutral for its rating: FitchFitch rates Samvardhana Motherson on the consolidated profile of its stronger parent, Samvardhana Motherson International Limited (SAMIL), ...
Buy Samvardhana Motherson International, target price Rs 110: ICICI SecuritiesSamvardhana Motherson International, incorporated in the year 1986, is a Large Cap company (having a market cap of Rs 55600.54 Crore) opera...
Samvardhana Motherson expected to gain from SAS’ global footprintReacting to the company’s announcement on Sunday, SAMIL’s stock gained over 3% on Monday in a weaker broader market. It has outperformed th...
SAS Autosystem acquisition to grow annual revenue by Euro 1 bn for next 3 years: SAMIL CFOWe had already started in some portions in Germany and in different countries but with this we get into the whole mechanics of actually sup...
Samvardhana Motherson Q2 Results: Company posts net profit of Rs 246 croreThe company had posted net profit of Rs 83 crore in the corresponding period of the last financial year.Revenues in the period under review...
Nomura initiates coverage on this new-age stock with 'buy'Nomura has set a target price of Rs 770 on the stock. Interestingly, in order to reach all-time high level of Rs 1,610, the stock will need...
Street looks to harness value from Motherson's demergerMotherson Sumi Systems' announcement of the record date of its demerger may increase investor interest in the stock in the near term, drive...
Motherson Sumi Q1 results: Co reports net profit at Rs 368 croreConsolidated total revenue from continuing operations stood at Rs 16,157.35 crore during the quarter under review. It was at Rs 8,348.35 cr...
Motherson Sumi gets shareholders' nod for proposed group restructuringThe company said for the NCLT convened meeting regarding the scheme of reorganisation, the voting results showed that 99.44 per cent of the...
Demand in India's car market to stay strong in FY22, says Motherson GroupWhile commercial vehicle sales are beginning to come out of a trough, car sales are strong because of increasing consumer preference for pe...
How is Motherson going to change post SAMIL mergerThe share swap merger between SAMIL and Motherson Sumi Systems will allow existing shareholders of the listed entity to buy into the auto a...
Auto components major Motherson expects demand to be normal by OctoberVC Sehgal, chairman of Motherson Sumi Systems Limited (MSSL), said while recovery in demand in India after the lockdown has been weak compa...